The Silicon Valley Global Ventures (SVG Ventures), an investment, technology and advisory firm that invests in early-stage technology companies, has organised a challenge for startups in the agribusiness sector.

Themed “THRIVE Africa Challenge”, the programme seeks to provide sustainable solutions to problems in the African agri-food industry, accelerate development of the ecosystem, and select the best startups and scale-ups for investment and global recognition.

Benefits

Winning company receives the following:

  • THRIVE Africa challenge award
  • Advancement to the finals of the Global THRIVE Accelerator Programme, with an opportunity to be selected for the THRIVE VII Cohort
  • Silicon Valley Startup Bootcamp, equivalent of $15k value total, including travel, food, and accommodation
  • Investment and opportunity to pitch at THRIVE|Forbes Demo Day 2021 in Salinas, CA, USA
  • Recognition by SVG THRIVE
  • Automatic acceptance as a Samsung XTC Finalist

Entrepreneurs receive the following benefits:

  • Promotion of  innovation and recognition of the most promising agri-food companies in Africa
  • Exposure to local and  international investors and organisations
  • Acceleration and attraction of the agri-food innovation ecosystem to the continent, bringing together key organisations
  • Announcement in THRIVE social media, website and newsletter

Eligibility

Seed to Series A technology-focused startups in the following areas:

  • Software
  • Food safety
  • Indoor farming
  • Biotechnology
  • Farm management
  • Sensing and IoT
  • Animal health and livestock
  • Robotics and automation
  • Innovative food (ingredient innovation)
  • Big data and predictive analytics
  • Supply chain management and traceability
  • Packaging and freshness solutions

How to apply

Be among the best startups and scale-ups to be selected for investment and global recognition. Apply via the website before the deadline on Friday, November 6, 2020.


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